Red Sea risk to oil 'very real,' prices could change rapidly if supply disrupted, Chevron CEO says

Red Sea risk to oil 'very real,' prices could change rapidly if supply disrupted, Chevron CEO says

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The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle East, Chevron CEO Michael Wirth told CNBC on Tuesday. "It's a very serious situation and seems to be getting worse," Wirth said in an interview at…

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